Re:Another stablecoin loses peg – DEI team working to restor...
by zepolen on Tuesday May 17, 2022 @12:13PM
(#31412812)
You don't see an issue that USDC has not had a real audit for that $52 billion?
I could say my pencil is worth $52 billion and therefore I have the assets to cover $52 billion USDC and that would be the same as their 'transparency' reports which don't itemize a single asset, just an 'attestation' that the amount is covered.
I could say my pencil is worth $52 billion and therefore I have the assets to cover $52 billion USDC and that would be the same as their 'transparency' reports which don't itemize a single asset, just an 'attestation' that the amount is covered.